Mr Cooper Group Inc (COOP)

[BBANBOB]

RON


The """"Common Share Holders"""" own the Debtor’s estate.Funny how the agenda CHANGED the VERBIAGE once the 8K came out spelling out PREFERRED EQUITY and COMMON EQUITY sharing any distribution 75/25 The second the company said PREFERRED WAS NOW EQUITY, the spew was changed to COMMON EQUITY



"""Class 19 doesn’t get Class 22’s properly."""
I think you might have this BASS ACKWARDs Class 22 is playing in a sand box they never should have been in until Class 19 was paid in full The Judges own words go back and negotiate and bring me a PLAN WHERE ALL PARTICIPATE in case there isn't enough to go around..................................

Riddle me this
Why has every ACTION in this case that is a negative been a negative towards and ONLY put on CLASS 22 ????????????????


1 Class 22 was RV' 1/12 which means any returning assets they now GET 1 12th of what the would have of the pie that is left
2 Class 22 ALSO LOSES 2.5% of any returning funds coming back that ""THEY ALONE"" will owe to the reorg'd company COMING STRAIGHT OUT OF THEIR 25% matrix position


NOW let's LOOK at What Class 19 has lost (REALLY ALL ARE GAINS)in the plan in comparison.
1. They LOST THEIR CAPPED POSITION the APR rule and FYI that took almost 2 yrs to get it taken off.
2. THEY LOST OUT (GAINED) ON NOT BEING RV'D 1/12


Now just looking at those 2 examples above can anyone really sit here and say that CLASS 19 negotiated themselves SUBORDINATE to COMMONs. when ever single NEGATIVE ACTION that has taken place ,HAS IN FACT BEEN INCURRED BY CLASS 22 and not one negative aspect or loss to CLASS 19